TMAC Resources Inc. (TMR.TO) (“TMAC” or the “Company”) is pleased to announce the appointment of Jacques Perron to its Board of Directors effective May 9, 2019. Mr. Perron brings over 35 years of experience in mining including extensive senior executive and corporate Board member experience.

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TMAC Resources Inc. (TMR.TO) (“TMAC” or the “Company”) has signed an amendment to its amended and restated credit agreement entered into on July 26, 2017 (the “Credit Agreement”) with Sprott Private Resource Lending (Collector), LP and associated lenders (the “Sprott Lenders”). The amendment eliminates all principal payments until April 1, 2020, totalling US$26 million (approximately C$35 million). The remaining principal balance is due on December 31, 2020, with TMAC having an option to extend the term by six months to June 30, 2021.

TMAC Resources Inc. is pleased to provide initial results of the ongoing 2019 exploration program. Diamond drilling and initial sill access development at Doris has continued to demonstrate continuity of high grade gold mineralization with visible gold within the BTD Extension zone.

TMAC Resources Inc. (TMR.TO) (“TMAC” or the “Company”) is pleased to announce the appointment of Lisa Wilkinson as Director, Investor Relations and Strategic Development effective March 11, 2019. Ms. Wilkinson will report directly to Jason Neal, the Company’s President & Chief Executive Officer, and will be based in Toronto. Jason Neal stated, “Lisa will make a great contribution to TMAC in this new position and I am very pleased she has joined us.

TMAC Resources Inc. (TMR.TO) (“TMAC” or the “Company”) reports its operating and financial results for the fourth quarter and full year for 2018. The Company achieved record gold production of 34,080 ounces during the fourth quarter. Gold sales of 31,380 ounces at an AISC(1) of US$1,112/oz during the fourth quarter produced record revenues of $51.4 million at cost of sales of $44.3 million, resulting in a profit from mining operations of $7.1 million.

TMAC Resources Inc. (TMR.TO) (“TMAC” or the “Company”) has received approval of two Type A Water Licences for the Madrid and Boston Projects. On January 14, 2019 the Minister of Intergovernmental and Northern Affairs and Internal Trade approved the two licences as recommended by the Nunavut Water Board (“NWB”) on December 7, 2018. This approval concludes the final step in the environmental permitting process and enables mine construction and operations and sets the closure bonding requirements.

TMAC Resources Inc. (TSE:TMR) is a small-cap stock with a market capitalization of CA$778m. While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they
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TMAC Resources Inc. (TMR.TO) (“TMAC” or the “Company”) has received the Project Certificate from the Nunavut Impact Review Board (“NIRB”) for the Madrid and Boston Project. The Project Certificate marks the end of the environmental assessment process including terms and conditions for monitoring and reporting. In addition to the Project Certificate, the Nunavut Water Board (“NWB”) concluded final hearings on October 25, 2018.

TMAC Resources Inc. is pleased to provide an update on exploration activities and results from the 2018 drilling campaigns at both Doris Mine and the Madrid North Deposit, on its 100% owned Hope Bay Project.

TMAC Resources Inc. (TMR.TO) (“TMAC” or the “Company”) reports its operating and financial results for the third quarter of 2018. Jason Neal, President and Chief Executive Officer of TMAC, stated, “TMAC is pleased to report record performance in the third quarter, including tonnes mined, tonnes processed, gold production and gold sales, but we are more excited about the progress we have made that will drive further substantial improvement in our operating and financial results. After a difficult July to open the quarter, the processing plant improved to average 80% recoveries for the full quarter, and then in October exceeded our ramp up expectations with throughput of 1,900 tonnes per day while maintaining recovery of 82%.

TMAC Resources Inc. (TMR.TO) (“TMAC” or the “Company”) announces that the Honourable Caroline Bennett, Minister of Crown Indigenous Relations and the Honourable Dominic LeBlanc, Minister of Intergovernmental and Northern Affairs and Internal Trade have accepted the positive recommendation of the Nunavut Impact Review Board (“NIRB”) allowing the NIRB to finalize and issue a Project Certificate for TMAC’s proposed Madrid-Boston Project. TMAC now looks forward to attending the Nunavut Water Board (“NWB”) Final Hearing later this month in Cambridge Bay.